This article has two sets of instructions for the Trustee named in your
trust document and the Executor named in the pour over will.

The first set of instructions is called "Actions Upon Death or
Incapacity." It is a general checklist of actions to take in the event
of the death or mental disability of a Trustor. Because this is often a
time of great stress on the family, it's helpful to have a checklist to
make certain everything is looked after.

The second set of instructions is called "Trustee and Executor
Duties" is designed to give the people named as Trustees and Executors
a general overview of their duties. This becomes particularly important
if both spouses are deceased or unable to manage their financial affairs.
Or yourself if you are single.

The Successor Trustees who step in and assume responsibility for overseeing
the management and distribution of the estate usually will need guidance
on their duties. To this end, one of their first acts should be to call
our office to schedule an appointment, at no charge. During this meeting,
we will help them quickly become oriented to the responsibilities of their
new position, we will answer their questions and, in short, we will be
sure they know the steps they'll need to take.

Actions Upon Death or Incapacity

Included below is a brief list of the actions which the surviving spouse
(or another person if you're single) and your Executor and Trustee, if
different, should take immediately upon your death. (Many of these actions
may similarly be required in the event of your incapacity). This is not
intended as an exhaustive or detailed explanation of all actions which
should be taken. Rather, it is for use as a checklist to help your appointed
representatives step in and handle as expeditiously as possible those items
which demand immediate attention. For a discussion of their longer term
responsibilities and duties, please see the section entitled "Trustee
and Executor Duties".

Recommended Actions Upon Death or Incapacity

1. If you are alone, telephone a friend who can spend the next few hours
with you. Shock and trauma can take unexpected forms.

2. Notify a funeral director and clergy, and make an appointment to
discuss funeral arrangements. Consult the "Location List" and
the "Estate Planning Letter" sections in your Portfolio for the
names and phone numbers of the appropriate parties and any special requests
of the decedent. Request several copies of decedent's death certificate,
which you'll need for his or her employer, life insurance companies, and/or
decedent's attorney for legal procedures.

3. Contact by phone and notify the immediate family, close friends,
business colleagues and employer (see "Location List" section
for persons to contact).

4. Arrange for care for members of the immediate family, including appropriate
child care, having people at the decedent's house, etc.

5. Locate the family's important papers. Consult the "Location
List" section in your Portfolio. Gather as many of the decedent's
papers as possible, and continue to do so for the next few weeks.

6. Notify the attorney who will be handling the decedent's affairs.
Make an appointment immediately because a tax return may be due within
nine (9) months of death. This meeting is important to review decedent's
estate planning documents and to discuss state and federal death taxes
that may be payable. The attorney will also determine the extent to which
it is necessary or advisable to open a probate estate. (In the event of
incapacity, the attorney may suggest additional steps which should be taken
for estate planning purposes, particularly if death is imminent.)

7. Notify the decedent's financial counselor. Decisions may need to
be made regarding repositioning financial assets and tax planning. The
financial counselor may also be able to assist you with several of the
items below.

8. Telephone decedent's employee benefits office with the following
information: name, Social Security number, date of death (or incapacity);
whether the death (or incapacity) was due to accident or illness; and your
name and address. The company can begin to process benefits immediately.

9. If decedent was eligible for Medicaid, notify the local program office
and provide the same information as in number 8.

10. Notify life, accident or disability insurers of decedent's death
or disability. Give the same information as in number 8, and ask what further
information is needed to begin processing your claim. Ask which payment
option decedent had elected, and select another option if you would so
prefer. If there is no payment option, you will be paid in a lump sum.

11. Notify your Social Security office of the death. Claims may be expedited
if you go in person to the nearest office to sign a claim for survivor's
benefits. Look for the address under U.S. Government in the phone book.

12. If you need emergency cash before insurance claims are paid, a cash
advance may be available from life insurance benefits to which you are
entitled.

13. If decedent was ever in the military service, notify the Veterans'
Administration. You may be eligible for death or disability benefits.

14. Record in a small ledger all money you or the immediate family spends.
These figures may be needed for tax returns.

15. Remember that you are in a highly emotional state. Avoid entering
contracts for anything, and avoid spending or lending large sums of money.
Consult the section of the Portfolio entitled "Other Documents"
before proceeding further.

Trustee and Executor Duties

The following is a brief overview of the responsibilities and duties
of your appointed Trustee and Executor. It is intended as a general guide
only and your representatives should consult with the Law Offices of Joel
A. Bernstein immediately upon taking over, in order to assure that they
comply with all legal requirements as well as properly carry out the directions
given by you in your Living Trust, Wills and other estate planning documents.

In the case of married couples, they generally serve as Co-Trustees
of their Living Trusts in most cases. During their joint lifetimes, and
assuming they are able to act, they will serve as Trustees of the Living
Trust. Generally, a successor Trustee will step in only in the event that
one or both of the spouses becomes incapacitated or dies. Consult the Living
Trust for the order of succession of Trustees and the determination of
when it is necessary for a successor Trustee to act.

These instructions should be consulted in conjunction with the other
document in this section called "Actions Upon Death or Incapacity."

In general, all Trustees and Executors (referred to collectively hereafter
as "representatives") face similar duties and responsibilities,
regardless of the size of an estate. All steps in the administration of
the estate are more or less directed toward three goals:

1. Collection and management of assets;
2 Payment of debts, taxes and expenses; and
3. Distribution of the balance of the estate assets to the named beneficiaries

Collection and Management of Assets

The first duty of a representative is to protect and preserve the estate
assets. The representative should attempt to put together an inventory
of all assets and their values as of the date of death. Refer to the section
of the Portfolio entitled "Trust Property." This will indicate
to the Trustee those properties that are already in the Trust name and
subject to its control. The "Location List" section may help
identify other assets that have not yet been placed in the Trust and therefore
may be subject to the jurisdiction of the probate court and the Executor.

The next step is for both the Executor and Trustee to check the powers
that they will have over property by referring to the Will and the Trust
documents. If there are any questions as to the extent of the representative's
powers, please contact our office.

The next step is to collect the various assets.

Valuables, such as securities, jewelry and other personal items of substantial
value should be kept in a safe place such as a safe deposit box, to which
only representatives have access. The "Estate Planning Letter"
contained in the Portfolio should be consulted for specific instructions
about the disposition of certain valuables.

Provided that title of other assets was properly transferred into the
name of the Trust, there will generally be no need for any immediate change
of title. However, bank and savings and loan accounts and security brokerage
accounts may need to be closed or have their ownership changed to reflect
the representative's name. In order to make the change of accounts into
the representative's name, the representative may need to use the "Trust
Affidavit" provided in the Portfolio. The representatives should thereafter
maintain an accurate record of all deposits into and withdrawals from these
accounts, reflecting the amount and sources of each deposit and the amount
and purpose of each check drawn.

Claims may need to be filed in order for the representative to obtain
certain properties to which the decedent's estate is entitled, such as
life insurance proceeds, employer pension and insurance benefits, Social
Security benefits and Veterans' Administration benefits.

Management of assets entails several duties. First, a representative
should be sure to maintain adequate insurance on valuable assets by making
sure that existing coverages will continue after the decedent's death and
making a note of expiration dates on applicable policies, while also checking
that coverage reflects current market values.

Investment decisions will need to be made. Cash income not needed for
other purposes of administration, such as immediate payment of expenses,
should be placed in interest-producing investments. The Will and Trust
documents should be consulted by the representatives for further direction
regarding longer term investments.

In due course, it may be necessary to sell some of the estate's property,
either because an item should be disposed of to avoid needless expense
or loss through depreciation in value, or to raise cash for payment of
expenses, taxes or legacies to beneficiaries. Assets should not be sold
before first consulting the attorney to ensure that appropriate authority
exists or can be obtained. Holdings in a closely held corporation, partnership
or sole proprietorship may pose special concerns and problems -- the representative
may be required to continue or windup the business in order to avoid a
serious risk of loss to the estate. Again, your attorney should be consulted
before the representative acts with regard to any businesses.

Payment of Debts, Taxes and Expenses

Again, the first step is for the representative to consult the appropriate
estate planning documents in order to clearly define the representative's
duties and powers in this area. Creditor claims may need to be paid and,
depending on whether they are paid from a probate estate or from the Trust,
the representative may have different responsibilities and latitude. Death
taxes may need to be paid and, even if taxes are not due, many estates
will nevertheless be required to file a federal estate tax return. The
estate tax return must be filed within nine (9) months of death. Certain
elections and disclaimers must be made prior to filing the estate tax return;
therefore, in some cases, the failure to file this return promptly may
result in adverse tax consequences. Also, income taxes and returns may
be due for the probate estate and the Trust. An attorney or accountant
should be consulted. Professional fees may be paid to the attorney, accountant
and others, including the Executor or Trustee -- but the Will or Trust
must first be consulted. Some of the fees and expenses may not be payable
until the probate estate, if any, is ready for distribution to the beneficiaries.

Distribution to the Beneficiaries

Beneficiaries may be entitled to ongoing payments of income and/or principal
for a period of time beginning with the death of the decedent, or may be
entitled to lump sum payments. The representative may be allowed to distribute
property in kind or sell properties and distribute cash. The provisions
relating to the distributions to beneficiaries are contained in the Living
Trust document. On final distribution of the remaining assets, it is advisable
for the representative to obtain a receipt from each beneficiary.

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